Wednesday, September 24, 2008

Trade

Bought DUG (Ultrashort Oil and Gas) at $35.87 today. Oil is at $106. I've been telling everyone that oil's going down to $50 next year. I'd be really silly not to put my money where my mouth is.

Just waiting on everything else. The bailout's up in the air, WaMu's still on life support, etc. There's just too much up in the air, so I've got to keep as much powder dry as I can.

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